Plan Snapshot
- Plan Sponsor: Fraunhofer Usa
- Sponsor EIN: 383203030
- Sponsor Address: 44792 HELM STREET, PLYMOUTH, MI, 481706080
- Plan Type: 403(b)
- Total Participants: 67
- Total Assets: $18.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 67 | $18.4M | $0 | $787,087 |
| 2023 | 60 | $17.4M | $0 | $710,199 |
| 2022 | 69 | $15.1M | $0 | $718,024 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | $9,630 | — | $9,630 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,630
- Estimated Expense Ratio: 0.052% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $22,210 | $3,980 | $6,437 | $9,630 | — |
| 2023 | $19,594 | $5,202 | $4,236 | $7,075 | — |
| 2022 | $21,321 | $3,800 | $3,094 | — | $14,427 |